Notable Analyst Rating Changes 11/14: CLX, LDK, ALO, URBN Upgraded; GSK, EMR, LHO, UDR Downgraded

November 14, 2008 9:46 AM EST

UPGRADES:
Goldman Sachs upgrades Clorox Co. (NYSE: CLX) from Sell to Neutral

Morgan Stanley upgrades LDK Solar (NYSE: LDK) from Equal Weight to Overweight, but trimmed their price target from $42 to $23.

Cowen & Co upgrades Alpharma (NYSE: ALO) from Neutral to Outperform.

Stifel Nicolaus upgrades Urban Outfitters (Nasdaq: URBN) from Hold to Buy.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES:
UBS downgrades GlaxoSmithKline (NYSE: GSK) from Buy to Neutral.

J.P. Morgan downgrades Emerson (NYSE: EMR) from Neutral to Underweight.

BB&T and JMS Securities downgraded LaSalle Hotel Properties (NYSE: LHO) to Hold and Neutral, respectively.

BMO Capital downgrades UDR Inc. (NYSE: UDR) from Outperform to Market Perform.

For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades

NEW COVERAGE:
Morgan Keegan initiates coverage on Nokia (NYSE: NOK) with a Market Perform.

Morgan Keegan initiates coverage on Garmin (Nasdaq: GRMN) with a Market Perform.

Banc of America initiated coverage on Schering-Plough (NYSE: SGP) and Pfizer (NYSE: PFE) with Buy ratings today.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage


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Stocks Mentioned

ALO 36.94

+0.00 +0.00%
Volume: 6,400
Track ALO

CLX 27.44

-29.15 -51.51%
Volume: 436,470
Track CLX

EMR 27.49

-5.39 -16.39%
Volume: 440,629
Track EMR

GRMN 23.72

-0.33 -1.37%
Volume: 1,944,851
Track GRMN

GSK 28.70

-7.34 -20.37%
Volume: 445,783
Track GSK

LDK 10.91

-0.34 -3.02%
Volume: 2,670,825
Track LDK

LHO 11.26

-1.12 -9.05%
Volume: 1,161,360
Track LHO

NOK 25.16

+10.39 +70.35%
Volume: 447,201
Track NOK

PFE 27.48

+12.58 +84.43%
Volume: 437,781
Track PFE

SGP 27.54

+2.32 +9.20%
Volume: 442,477
Track SGP

UDR 29.94

+19.33 +182.19%
Volume: 440,009
Track UDR

URBN 19.85

-0.84 -4.06%
Volume: 4,375,094
Track URBN


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